Repo rate hikes, determined by the South African Reserve Bank, impact the cost of borrowing money, including mortgage interest rates. As repo rates increase, homeowners may face higher monthly mortgage repayments, making it challenging to maintain their properties.
In the absence of a marriage certificate, initiating divorce proceedings in a customary marriage may require a lobola letter. A lobola letter is a written acknowledgment by the families involved, confirming the marriage and outlining the terms of the lobola agreement.
If the man passes away and is survived by his legal spouse and the "other woman," the "other woman" may have a claim for maintenance if she can prove that she was receiving or entitled to receive maintenance from the deceased during his lifetime.
Both options have distinct advantages, and understanding their benefits is crucial in making an informed decision that aligns with your specific needs and objectives.
Extra-marital children have an equal claim to the deceased's estate alongside children born within the marriage. This recognition ensures fairness and prevents any discrimination against children based on the marital status of their parents.
The contract should specify the percentage of income the manager or record label will receive and detail any expenses that will be deducted from the artist's earnings. It is important to ensure fairness and transparency in these arrangements.
